
Ventura, California 93003
This Timeless 1948 Character Home is a versatile Hybrid Value-Add Property listed at $975,000—positioned slightly below the $989,433 Fair Market Value by 1%. This valuation gap provides $14,433 in Instant Equity. While the property holds a Fair Condition Rating due to its original interior, the R-2 Zoned Lot and detached studio offer exceptional development or ADU potential. Located within walking distance of Loma Vista Elementary and local hospitals, it balances vintage charm with investment upside. This is an ideal match for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3662 Loma Vista Road Subject | $925,000* List Price | 3 | 2 | 1,288 | $731 | - |
A 33 Glen Ellen Drive Sold | $855,000 | 3 | 2 | 1,445 | $592 | 0.2 mi |
B 3764 Paloma Drive Sold | $1,015,000 | 3 | 2 | 1,446 | $702 | 0.1 mi |
C 431 Eva Street Sold | $865,000 | 3 | 1 | 1,078 | $802 | 1.0 mi |
D 426 S Dos Caminos Avenue Sold | $900,000 | 3 | 1 | 1,008 | $893 | 0.9 mi |
E 519 S Emma Avenue Sold | $875,150 | 3 | 1 | 1,008 | $868 | 1.0 mi |
F 220 Frances Street Sold | $914,000 | 3 | 2 | 1,540 | $594 | 0.8 mi |
G 127 Glen Ellen Drive Active Under Contract | $799,900 List Price | 3 | 1 | 1,153 | $694 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1948 home with original architectural charm, including hardwood floors and coved ceilings. However, it is scored as 'fair' because the kitchen and bathrooms remain in largely original or significantly dated condition, featuring vintage radius cabinetry and older fixtures that do not meet modern quality standards. While the home is move-in ready and has some updates like newer windows and a heater, the overall interior finishes and appliances require modernization.
The property is situated on an R-2 zoned lot, offering significant opportunities for ADU construction or multi-unit development to maximize the property's long-term investment value.
This well-preserved 1948 home features original hardwood floors, elegant coved ceilings, and unique radius cabinetry that provide a level of vintage craftsmanship rarely found in modern construction.
Ideally located in a highly walkable Ventura neighborhood, the home is within close proximity to Loma Vista Elementary, major hospitals, shopping, and coastal amenities.
While meticulously maintained, the kitchen and interior finishes remain largely original to 1948, which may necessitate a substantial renovation budget for buyers seeking modern aesthetics.
Given the home's age and lath and plaster construction, buyers should anticipate the potential need for upgrading older systems to meet contemporary electrical and plumbing standards.
There is a quiet kind of beauty in a home that has been truly loved and this timeless 1948 residence is a rare and meaningful example. Cherished by the same owner for over forty years, it carries with it a sense of warmth, care, and enduring pride that can be felt the moment you arrive. Affectionately known as 'The Yellow House,' this single-story home offers 3bd, and 2ba, thoughtfully laid out and rich with original character. Stunning hardwood floors run throughout. The classic lath and plaster walls and elegant coved ceilings with their soft, graceful curves create a sense of architectural charm that is simply not found in today's standard construction.The kitchen remains beautifully original, featuring unique radius cabinetry and a lovely beveled glass door that adds a touch of vintage artistry. Meaningful details that speak to the craftsmanship of another era.A formal dining room with large stationary windows invites gatherings filled with light and connection, while newer windows and an updated heater provide comfort and peace of mind. Step outside to a generously sized lot complete with a detached two-car garage and an original BBQ room being used as a studio.Adding to its appeal, the property is situated on an R1-6 zoned lot, offering exciting potential for additional units or ADU opportunities (buyer to verify). Whether you envision expanding, creating multi-generational living, or exploring investment possibilities, this property offers flexibility.Set within a walkable community, this home is ideally located near 2 hospitals, shopping, and the beach, blending everyday convenience with coastal lifestyle. This home is ready for its next chapter of possibilities.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,288 | 1,706 | 19% |
| Lot Size | 6,969 | 6,969 | 50% |
| Price | $925.0K | $950.0K | 45% |
| Price per sq ft | $718 | $580 | 76% |
| Built year | 1948 | 1963 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 181 | 4% |
Apr 19, 2026
$925,000
$975,000
-5% Price Drop
Initial Listing
Apr 10, 2026
$975,000
Initial Listing